On May 17, 2014, the National Development and Reform Commission (NDRC) of the People's Republic of China (PRC), a primary regulatory authority for foreign investments in the PRC, issued the Measures for the Administration of Approval and Filing of Foreign Investment Projects (the New Measures).
Morrison & Foerster LLP
Opinion 171 limited the leveraging of foreign investment in Chinese property by imposing a maximum debt to equity ratio specific to foreign-invested real estate enterprises ("FIREEs").
De Brauw Blackstone Westbroek N.V.
China's top legislative body adopted a new National Security Law on 1 July 2015. Under this law, foreign investments will be subject to a national security review.
Under the Interim Measures, all foreign investment projects were subject to the approval of the NDRC or its local counterparts.
Mayer Brown JSM
US based supermarket conglomerate Wal-Mart Stores, Inc. announced on 23 July 2015 that it has acquired full ownership in Yihaodian.com, a fast-growing online shopping platform that Wal-Mart has invested in since a couple of years ago.
The Government of India has recently issued a Press note to do away with the distinction between different types of foreign investments, especially between foreign portfolio investments and foreign direct investments, and replace them with composite caps.
With the rapid growth of e-commerce business in India, the sector has caught the eyes of the regulators off late.
Hariani & Co.
In our Newsletter dated 4 February 2015 we had dealt with Press Note 10 of 2014 with respect to the Foreign Direct Investment Policy in the Construction Development sector which further liberalized FDI into the sector by providing relaxed conditions for 100% FDI under the Automatic route.
Contemporary Challenges in Engineering, Procurement and Construction Arrangements
Engineering, Procurement and Construction (EPC) forms the soul of project development across various sectors, which is critical for sustaining the robust growth of the Indian economy.
Solomon & Co.
The concept of facilitating small and medium enterprises can be traced back to the Industries Development and Regulation Act, 1961.
Solomon & Co.
Pursuant to the Reserve Bank of India circular dated 12 February 2015, the Advance Remittance Form and the FCGPR Form must be downloaded from the newly set up "e-Biz" portal of the Government of India, filled in and uploaded.
Khaitan & Co
In order to leverage the defence procurement programme to develop India's local defence manufacturing capabilities under the Make in India initiative, a Committee of Experts has recommended changes to the 2013 Defence Procurement Procedures.
Brief highlights of the opening up of the Indian railway infrastructure sector for foreign direct investments.
The Government of India is constantly trying to encourage investments in India. In order to compliment these efforts the Department of Industrial Policy and Promotion has recently taken several initiatives to facilitate doing business in India.
With a view to facilitate ease of reporting transactions under the foreign direct investment scheme, the Reserve Bank of India has enabled online filing of the following reports/ forms on the e-biz portal of the Government of India:
Seth Dua & Associates
Further, it is to note that 100 percent FDI under automatic route for manufacturing of medical devices for both greenfield investment and brownfield investment will not be subject to the above mentioned conditions.
ZEUS Law Associates
Significant changes have recently been made to the Foreign Direct Investment (FDI) regime governing India's cash-starved realty sector, which has been witnessing declining FDI inflows.
Nishith Desai Associates
Introduction Of Composite Caps In The FDI Policy
Singh & Associates
With the view to attract foreign investments in India, the Government of India has introduced composite caps resulting in uniformity and simplicity across the sectors in the Foreign Direct Investment (FDI) Policy.
Nishith Desai Associates
ET Now: Amicus Curiae – Providing Comfort To Foreign Investors Without Over-Diluting Laws (August 9, 2015)